Simpson Thacher represented J.P.Morgan Securities LLC, as global coordinator and joint bookrunner, and BTG Pactual US Capital Corp., Citigroup Global Markets Inc., Merrill Lynch, Pierce, Fenner & Smith Incorporated and Morgan Stanley & Co. Incorporated, as joint bookrunners, in connection with the public secondary offering of 21,628,728 American depositary shares representing ordinary shares of Ternium S.A. owned by Usinas Siderúrgicas de Minas Gerais S.A. – Usiminas. Concurrently with the offering, Usiminas Europa A/S sold the remainder of its shares in Ternium S.A. to Ternium International Inc., a subsidiary of Ternium S.A., and Techint Holdings S.àr.l., the controlling shareholder of Ternium S.A., in a private transaction. The transaction closed on February 15, 2011, and the over-allotment option closed on February 18, 2011.
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